PBMs offer solutions for N.C. budget woes

05/21/2013 | American City Business Journals

North Carolina could reduce spending by modernizing its Medicaid pharmacy benefit, a Menges Group study found. "The good news is state Medicaid programs can dramatically reduce costs by simply applying best practices already used by Medicare and other large payers that offer pharmacy benefits," PCMA President and CEO Mark Merritt said in a statement. Spending by North Carolina's Medicaid program exceeded the budget by hundreds of millions of dollars for three years in a row, according to the state auditor.

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